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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (88551)6/25/2022 2:22:04 PM
From: Return to Sender1 Recommendation

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Sr K

  Read Replies (1) | Respond to of 95471
 
I think next week will be good. Semiconductors are not leading the market upward yet. Still no 90% Upside Day or even an 80% Upside Day. But there is plenty of evidence that inflation has peaked. The Chinese stock market is rallying even though they are still a problem for semiconductors. Maybe an October bottom for the market? Time will tell. But yes I believe the market will rally next week on the latest counter trend move.

Major Market Indices on 6 Month Daily Charts versus the VIX (Fear Index) - Also included are the SOX/SMH and BKX because they are so important to the overall direction of the market. RSI (14) over 70 is overbought. Under 30 is oversold. Fear will generally be low while the market is moving steadily higher. Large spikes in the VIX often correspond with market bottoms.










RtS